trade deficit narrows in uk despite the brexit slowdown

Trade Deficit narrows in UK despite the Brexit slowdown

Economy Himanshu Gill - Dec 10, 2016

The UK trade deficit in goods and services went down by 2 billion pounds ($2.51 billion) in the month of October, much more than expected.  

food industry warns price rise post the brexit vote

Food Industry warns price rise post the Brexit vote

Economy Himanshu Gill - Dec 09, 2016

A trade group comprising of 30 food and drink associations have warned that food prices will go up once EU workers leave the UK after Brexit vote or due to the fall in pound’s value.  

chinas gdp to escalate and the us 10 year yield to swing 3 in 2017

China’s GDP to escalate and the U.S. 10-year yield to swing 3% in 2017

Economy Mohit Shah - Dec 08, 2016

Economist predicts that Chinese GDP can surge significantly next year, whereas, the rising U.S. interest rates and higher dollar value can cause a jump in the U.S. 10-year yield by 3%.

trump to scrap nafta

Trump plans to scrape NAFTA within 200 days of office

Economy Akanksha Singh - Dec 05, 2016

US President elect Donald Trump’s pledge to scrap old trade agreements with Mexico and China, dropping the Mexican government in a fit. Trump in his ‘Transition Memo’ clearly stated

euro slips amidst italian referendum

Euro slips amidst Italy’s constitutional referendum

Economy Akanksha Singh - Dec 05, 2016

Prime Minister Matteo Renzi announced on Monday, that he is resigning from the office of Italy’s Prime Minister, after his brainchild, the constitutional reform was rejected by most of the Itali

italian referendum adds to the banks distress

Italian referendum adds to the banks’ distress

Economy Himanshu Gill - Dec 02, 2016

The referendum for a constitutional reform will ask the voters if they want to amend the Italian constitution to renovate the appointment and rights of the Parliament, as well as the partition of powe

saudi prince says ban on women driving is draining their economy

Saudi Prince says ban on women driving is draining their economy

Economy Himanshu Gill - Dec 01, 2016

The influential prince said that the matter is about women’s rights and lifting restrictions, as well as a matter of economic necessity for his country. Saudi Arabia is governed by Sharia law an

us economy gains speed despite stock standstill

American economy gains pace

Economy Akanksha Singh - Nov 30, 2016

Amidst all the speculation and crass talk about how the U.S. market was at a standstill during the election and would face heavy losses in future, the U.S. economy surprised the critics after it grew

venezuelan currency meltdown

Venezuela’s currency continues on its rapid demise

Economy Akanksha Singh - Nov 30, 2016

In November, the Venezuelan currency stumbled by 55% and it appears to be continuing towards the same decline, just more rapidly. Venezuelan inflation is one of the most recent signs of the country&rs

indian economy falters after the cash crunch

Crash Crunch can make India “not” the fastest growing economy

Economy Akanksha Singh - Nov 30, 2016

India took over China’s place as the fastest growing major economy this year, but might fall short of its promise of a 7.1% GDP growth rate after the ban of its ‘big’ currency notes.

brexit to tumble uk economy in the next five years

Brexit to tumble UK’s economy in the next five years

Economy Himanshu Gill - Nov 30, 2016

Britain’s treasury chief, Philip Hammond believes that higher inflation rates have been ignited by a drop in the pound’s value. However, he didn’t shy away from admitting that a grea

bnm keeps opr unchanged at 3 percent

BNM keeps OPR unchanged at 3 percent

Economy Pavan Pandey - Nov 30, 2016

Bank Negara Malaysia (BNM) kept its overnight policy rate (OPR) at 3 percent, declaring at the Monetary Policy Committee meeting.

philippine currency drops to 50 peso per dollar

Philippine Currency Drops to 50 Peso per Dollar

Economy Pavan Pandey - Nov 30, 2016

Thursday, the currency of the Southeast Asian country, Philippines, touched 50 to the US dollar for the first time in eight years. It is recorded as the biggest annual loss since the year 2013. Accord

imf report suggests mexican economy under threat of protectionism

IMF report suggests Mexican Economy under threat of protectionism

Economy Himanshu Gill - Nov 30, 2016

The Republican US president-elect, Donald Trump, wants to renegotiate the North American Free Trade Agreement (NAFTA) and threatens to impose tariffs on US companies dealing with Mexican customers. IM

donald trump vows to withdraw from tpp on first day in office

Donald Trump vows to withdraw from TPP on first day in office

Economy Himanshu Gill - Nov 22, 2016

Trump posted a short video message on YouTube yesterday, in which he outlined the tasks that his government intends to do within the first 100 days after taking office in January next year. Trump high

theresa may attempts to reassure businesses in post brexit uk

Theresa May attempts to reassure businesses in Post-Brexit UK

Economy Himanshu Gill - Nov 22, 2016

Addressing the Confederation of British Industrys’ (CBI) annual conference, May seemed to convince business leaders of having adequate plans and strategies for them to sustain and prosper after

the australian dollar has slid to its lowest level

Australian dollar slips to its lowest level since June

Economy Pavan Pandey - Nov 22, 2016

The value of Australian dollar has decreased to five month lows, with the effect of a strengthening United States dollar in response to the policies being selected by US president elect Donald trump.

uk retail sales amazingly increased due to cold and halloween

UK retail sales amazingly increased due to winters and Halloween

Economy Pavan Pandey - Nov 21, 2016

This retail growth is counted as the highest since April 2002. The report was released by the Office for National Statistics (ONS) of UK. In this lineup, the online trades were at their strongest for

eu warns 8 nations on running bigger budget deficits

EU warns 8 nations for running bigger budget deficits

Economy Himanshu Gill - Nov 18, 2016

Under EU rules, member countries are allowed to run an annual budget deficit of not more than 3% out of their total economic outputs. However, the warning complies for 2017, suggesting that the propos

country isnt in economic crisis growth rate is slow singapore pm

Country isn't in economic crisis, the only growth rate is slow: Singapore PM Lee

Economy Pavan Pandey - Nov 17, 2016

Singapore Prime Minister Lee Hsien Loong said that “the country’s economy growth is running slow, but the country is not in an economic crisis and an emergency package is not needed to the

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